GMS 200 Lecture Notes - Lecture 1: Natural Environment

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Deborah De Lange

Document Summary

The path to academic success and career development is to be open to changing and improving yourself. Smart people create their won futures- take responsibility for your own success. Respect, empowerment, participation, involvement, teamwork- must emulate this in your time here at ryerson. Develop your talent(s) - knowing what they are in key! Workforce diversity- gender, age, race, ethnicity, religion, sexual orientation, able-bodiedness. Prejudice, discrimination, glass-ceiling leads to under- utilized human capital and other negative effects on the workplace, society, the world: worldwide interdependence of resource flows, markets and business. Many other views on globalization: multi-dimensional and not just economic as the text suggests. Enron (bankrupt) is a classic example of what not to do. Ethics is key to leadership success and for the organization, leaders must be examples. Business firm: federal, state, local government, educational institutions, employees, suppliers, competitors, political parties, labor unions, society at large, stockholders, future generations, customers, court and legal institutions.